amateurs have no chance

[dozu888]

Only the direction of the short term trend matters to a day trader....

day trading is a myth.

 

[schweiz]

day trading is a myth.

If 90% lose it is normal that it is considered as a myth. But these losses are gone to the 10% for whom it is not a myth.
And that is not a myth.

 

[tenny1886]

where is it headed ?? 1000 tick chart

 

[tenny1886]

still undecided ??

 

[tenny1886]

my bias is to the upside but the price movement is changing so rapidly.

 

[tenny1886]

i think it started the uptrend.

 

[tenny1886]

heavy resistance at 86.45

 

[Woodrow97]

Interesting thread.

Amateurs lose because they are aiming to be a part of 99% of traders who lose money.

Anyone remember the U.S. national motto ? (NOT In God We Trust )

"E Pluribus Unum"

 

[padutrader]

day trading is a myth.

in stocks it is nearly impossible

i do it in forex......and have a very high win rate....

finally ...ever since i started using all my knowledge and taking time to analyse the market..i am doing well

 

[padutrader]

where is it headed ?? 1000 tick chart

higher and then probably will trade below the low seen on chart